Activist investors urge Macy’s to create a real estate unit among other changes to boost stock
Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate ...
New York Post4d
Activist investor pushes Macy’s to expand Bloomingdale’s business, create real estate unit
They estimate Macy’s real estate alone is worth between $5 billion and $9 billion – more than Macy’s current market value ... between 1.5% and 2% of total sales, down from around 4% ...
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EXEC: Macy’s Completes Investigation into Accounting Issues; Lowers Q3 EPS Guidance
Macy’s, Inc. is reporting that its reported financial results for the third quarter of 2024 are consistent with its ...
Macy's stock leaps on report activist investor pushing for changes
Investing.com -- Activist investor Barington Capital has taken a stake in Macy’s Inc (NYSE: M) and is advocating for ...
Macy's: What Next, After An Incomplete Q3 Report?
Macy's latest challenge linked to internal accounting irregularities is not overbearing, but does not reflect well. Read my ...
Macy’s Strategic Challenges and Balanced Risks Lead to Hold Rating
Analyst Paul Lejuez from Citi maintained a Hold rating on Macy’s (M – Research Report) and keeping the price target at $16.00.Pick the best ...
Yahoo Finance4d
Macy's stock leaps on report activist investor pushing for changes
They are also pressing Macy’s to reduce capital expenditures to 1.5%-2% of total sales from the current level of about 4%, and to initiate stock buybacks worth $2 billion to $3 billion over the ...
Macy’s Stock Falls Sharply on Slash to Guidance
Macy’s had postponed its third-quarter earnings report after finding an employee hid up to $150 million in expenses.
Macy's employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say
Macy's on Wednesday said it has concluded an investigation into an employee who intentionally hid about $151 million of ...